Rio Silver (CVE:RYO) Sets New 52-Week Low – Here’s Why

Rio Silver Inc. (CVE:RYOGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 157199 shares trading hands. The stock had previously closed at C$0.02.

Rio Silver Price Performance

The company’s 50 day moving average price is C$0.02 and its 200 day moving average price is C$0.03. The firm has a market cap of C$1.27 million, a PE ratio of -1.50 and a beta of 1.95.

About Rio Silver

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Rio Silver Inc engages in the acquisition, evaluation, and development of mineral properties in Canada and Peru. The company explores for precious and base metal deposits. Its flagship project is the Niñobamba silver gold project that covers an area of 4,490 hectares located in the Department of Ayacucho, Peru.

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